Kenneth Hobbs, VP of Mergers & Acquisitions at VelaTel Global Communications, Inc. (VELA), sold 48,954 shares at $0.10 ($5K) on 2012-08-22, disclosed to the SEC on 2012-08-30.
Open-market sale of $5k VELA by VP of Mergers & Acquisitions. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.10 | 38,145 | $4K | 77.9% |
| 2 | $0.10 | 1,797 | $180 | 3.7% |
| 3 | $0.10 | 9,012 | $901 | 18.4% |
| Total | $0.10 avg | 48,954 | $5K | 100% |
| Filing → |
| VELA | SELL | 2012-08-16 | $978 | — | Filing → |
| VELA | SELL | 2012-08-09 | $5K | — | Filing → |
| VELA | SELL | 2012-07-17 | $5K | — | Filing → |